OFF MARKET

106 Storey Street
Maroubra NSW 2035

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 855m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 106 Storey St, Maroubra

Building Type
Commercial
Land Size
855m2
Local Government
Randwick
Lot/Plan
15/DP1146915

Last Listing description (August 2023)

Burgess Rawson is pleased to present 106 Storey Street, Maroubra NSW 2035 to the market for sale via our Investment Portfolio Auction 162.
The investment has the following key investment highlights:
+ Leased to Only About Children (OAC): premium operator boasting 75 centres nationally

+ 10 + 10 + 10 year lease extending to 2046
+ Compounding 3.25% annual rent increases
+ Strategically located 66 place centre
+ Blue chip 856sqm eastern suburbs landholding
+ Prominent Anzac Parade exposure, 400m* to Maroubra Junction & Pacific Square Shopping Centre
+ Strong education precinct with 10 primary schools within 2km*
+ Family friendly Maroubra - one of Sydney?s most iconic beachside Eastern Suburbs 7.5km* from CBD
+ Maroubra ? Affluent catchment, median house price of $2.8 million which is 2.2* times higher than Sydney median house price*
+ Attractive Land Tax free commercial investment (NSW only)
+ Net Income $315,752 pa + GST (as at November 2023)
To be sold by Investment Portfolio Auction
10:30 am AEST Tuesday 1 August 2023
Sydney Opera House
Please contact the exclusively appointed Burgess Rawson team for more information
*Approx

Property History for 106 Storey St, Maroubra, NSW 2035

A timeline of how this property has performed in the market
Last Sold
$6,350,000
01 Aug 2023
  • 01 Aug 2023
    Sold for $6,350,000
  • 04 Jul 2023
    Listed for Sale Contact Agent
  • 17 Apr 2016
    Sold for $1,900,000
Sign in to see more transactions

Commute Calculator

About Maroubra 2035

The size of Maroubra is approximately 6 square kilometres. It has 23 parks covering nearly 18.2% of total area. The population of Maroubra in 2011 was 29,594 people. By 2016 the population was 30,672 showing a population growth of 3.6% in the area during that time. The predominant age group in Maroubra is 20-29 years. Households in Maroubra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Maroubra work in a professional occupation. In 2011, 55.3% of the homes in Maroubra were owner-occupied compared with 53.7% in 2016.

Maroubra has 15,650 properties. Over the last 5 years, Houses in Maroubra have seen a 67.06% increase in median value, while Units have seen a 26.88% increase. As at 30 September 2024:

  • The median value for Houses in Maroubra is $3,050,799 while the median value for Units is $1,105,855.
  • Houses have a median rent of $1,200 while Units have a median rent of $800.
There are currently 57 properties listed for sale, and 103 properties listed for rent in Maroubra on OnTheHouse. According to CoreLogic's data, 567 properties were sold in the past 12 months in Maroubra.

Suburb Insights for Maroubra 2035

Market Insights
Maroubra Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Maroubra Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.